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BRIEF-Northrop says expects a modest upward trend in defense spending for foreseeable future - Conf call
April 26, 2017 / 5:12 PM / 8 months ago

BRIEF-Northrop says expects a modest upward trend in defense spending for foreseeable future - Conf call

April 26 (Reuters) - Northrop Grumman Corp

* Says expects a modest upward trend in national security spending for the foreseeable future

* Says seeing increased retention and interest in its Triton system platform around the globe, starting with Australia

* Says expects its E-2D program to be an attractive international opportunity over the next decade or so

* Says addressing opportunities on Air Force’s JSTARS recap program, Navy’s MQ-25 program, and international opportunities for autonomous systems business, within its aerospace unit

* Northrop says continues to pursue SABR radar opportunities for the U.S. Air force and international customers

* Northrop says also competing for the radar program on JSTARS recap, as well as for a number of significant restricted opportunities and international programs

* Northrop says many of the award dates for the programs its looking at now, are into the 2018 time frame Further company coverage:

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